20/03/2026
Are you a Cypriot professional living abroad and considering a move back home? 🇨🇾
Cyprus has introduced a new tax incentive that could make a real difference to your finances when you return.
Under the Brain Gain Initiative, qualifying individuals are entitled to a 25% income tax exemption on their salary or business profits, capped at €25,000 per year and available for up to 7 years. The measure applies retroactively from 1 January 2025.
To qualify, you generally need to have been living outside Cyprus for the past 7 years, start work or a business here before the end of 2030, and earn at least €30,000 per year.
There is also an important planning consideration: this exemption cannot be combined with the existing Article 8(21A) exemption, so it’s worth getting professional advice before making a decision.
At Arcisco, we are here to help you look into the details, so you never lose sight of the bigger picture.
📖 Read the full article by clicking the below link:
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On 6 March 2026, the Republic of Cyprus published the amending Income Tax Law 17(I)/2026 in the Official Gazette. The legislation introduces a new
